Sustainability investor Gresham House has seen profits and Assets Under Management (AUM) surge over the past twelve months.
A statement by the investment house, released today, revealed that AUM had grown by 65% year-on-year to £6.5bn and that adjusted operating profits are expected to be in excess of £19.75 million for the year to 31 December 2021 compared to £12.1m in 2020 while its cash position stands at £39.1m.
The growth in AUM has been attributed to strong fund performance and inflows into new fund launches and existing funds and driven by independent valuations of forestry assets.
Tony Dalwood, Chief Executive of Gresham House, said: "The performance of Gresham House over the course of the year demonstrates the success of the Group's strategy and business model.
"It is a testament to the capability and energy of those working within Gresham House as we aim to satisfy growing client demand for our sustainable and specialist asset classes and capture the significant opportunity ahead of us."